Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Prajwal Wakhare
Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Top 3 price-volume breakout stocks

In the current trading session the benchmark indices trading on a positive note, with the Sensex trading up by 0.37 per cent touching 81,753 mark, while Nifty soared by 0.40 per cent breaking the level of 24,955.80 points. Similarly, the broader indices Nifty Mid-Cap soared by 0.73 per cent, while Nifty Small-Cap rallied by 0.01 per cent.

India VIX has zoomed by 2.83 per cent, indicating an increase in market volatility.

Top 3 price-volume breakout stocks

NCC Ltd: NCC Ltd is currently trading at Rs 358.3, showing a significant increase of 5.83 per cent from its previous close of Rs 338.55. The stock reached a new 52-week high of Rs 364.5 today. The traded volume spiked to 2.70 crores, indicating strong market interest. With a market cap of Rs 22470.47 crore, NCC Ltd has delivered impressive returns of 162.39 per cent from its 52-week low, classifying it as a multibagger. The RSI at 65.97 suggests the stock is approaching overbought territory. This price-volume breakout, coupled with the volume spike and 52-week high breakout.

NSE:NCC Chart Image by prajwalwakhare

Jamna Auto Industries Ltd: Jamna Auto Industries Ltd is trading at Rs 145.7, up 4.72 per cent from its previous close of Rs 139.13. The stock hit a 52-week high of Rs 149.66 today, supported by a volume spike of 1.86 crores. The market cap stands at Rs 5829.65 crore. The company has seen a solid return of 42.35 per cent from its 52-week low. The RSI is at 77.04, indicating an overbought condition. This price-volume breakout, alongside the volume spike and 52-week high breakout.

NSE:JAMNAAUTO Chart Image by prajwalwakhare

Torrent Power Ltd: Torrent Power Ltd is currently trading at Rs 1865, up 16.47 per cent from the previous close of Rs 1601.3. The stock reached a new 52-week high of Rs 1908 today, with a substantial volume spike of 1.52 crores. The market cap is Rs 89584.04 crore, and the stock has delivered exceptional multibagger returns of 200.08 per cent from its 52-week low. The RSI is at 81.28, indicating a highly overbought condition. This price-volume breakout, along with the volume spike and 52-week high breakout.

NSE:TORNTPOWER Chart Image by prajwalwakhare

The following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Price

Volume

1

Ncc Ltd

357.95

2,69,81,810

2

Jamna Auto Industries Ltd

146.09

1,86,12,602

3

Torrent Power Ltd

1866.45

1,52,74,442

4

Granules India Ltd

630.1

1,41,77,919

5

Munjal Auto Industries Ltd

111.66

1,13,24,871

6

Oswal Green Tech Ltd

40.92

1,11,17,248

7

Network18 Media & Investments Ltd

98.2

1,09,58,953

8

Nocil Ltd

330.55

1,06,74,072

9

Dishman Carbogen Amcis Ltd

203.04

1,04,61,553

10

Ind-swift Laboratories Ltd

166.05

97,29,589

Disclaimer: The article is for informational purposes only and not investment advice.

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